This Is What Whales Are Betting On MongoDB
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a significant interest in MongoDB (NASDAQ:MDB), with a split sentiment of 50% bullish and 33% bearish among them. Benzinga's tracking of public options records revealed 18 extraordinary options activities, indicating a potential price window of $320.0 to $440.0 for MDB. The largest trades include both bullish and bearish positions, with notable options activity in puts and calls. MongoDB, with a vast user base, has seen its stock price slightly down by -0.9% at $363.01, with analysts giving mixed reviews and setting an average price target of $455.0.
April 24, 2024 | 4:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MongoDB has attracted significant attention from large investors, with a balanced mix of bullish and bearish sentiments. The stock is currently down by -0.9% at $363.01, with analysts setting an average price target of $455.0.
The significant interest from large investors, coupled with the current stock price movement and the analysts' optimistic price targets, suggests a potential short-term upside for MongoDB. The mixed sentiments indicate uncertainty, but the overall bullish analyst ratings and the specified price window suggest confidence in the stock's growth potential.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100